Andorra. Work on a customs treaty between Andorra and the EU, which began in 1996, continued but could not be completed before the end of the year.
- ABBREVIATIONFINDER: Offers three letter and two letter abbreviations for the country of Andorra. Also covers country profile such as geography, society and economy.
According to COUNTRYAAH, the population of Andorra in 2000 was 65,279, ranking number 204 in the world. The population growth rate was 0.480% yearly, and the population density was 139.1277 people per km2.
History. – The executive of Albert Pintat – who took over from Marc Forné Molné at the helm of the government in May 2005 – started a process of tax reform to guarantee the opening of the Andorran economy to foreign investments and greater transparency; guidelines that found expression in the Andorra 2020 Program. Thanks to international pressures, in March 2009 Andorra announced his willingness to conclude agreements with other countries for the exchange of information in the tax field, assuming in this framework the commitment to intervene in legislation on the banking secrecy regime: the initiative earned the principality the cancellation – in May – from the list of non-cooperative tax havens of the OECD (Organization for Economic Cooperation and Development). The reform process continued with the government of Jaume Bartumeu, who took office after the elections in April 2009 which sanctioned the victory – albeit without an absolute majority of seats (14 out of 28) – of the Social Democratic Party of Andorra up to then in the opposition. The impossibility of adopting important measures such as the budget law however led to the calling of early elections in April 2011: the vote saw the clear affirmation of the center-right Demòcrates force for Andorra, whose leader Antoni Martí assumed the post of prime minister . The tax reform led to the approval, in June 2012, of an indirect general tax of 4.5% similar to VAT and in April 2014 of a tax on personal income at 10%; also in 2014, in June, Andorra it also signed the OECD Declaration on the Automatic Exchange of Information on Tax Matters. In the March 2015 elections for the renewal of Parliament, Demòcrates for Andorra confirmed itself as an absolute majority force; in the same month a scandal also engulfed the private Bank of Andorra, accused by the US authorities of money laundering.